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178 Richdale Ave, Cambridge, MA 02140

$3,800,000
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Pending
BEDS18 BATHS6 full SQUARE FEET6,279 MLS#73468230
STATUSPending PROPERTY TYPEMulti Unit - Multiple

Property Description

178 Richdale Ave is located between the Avon Hill and Porter Square neighborhoods. The three-story building contains six (6) total units comprised of three (3) 4-Bedroom/1-Bathroom units and three (3) 2-Bedroom/1-Bathroom units with 6,279 square feet of gross living area and 8,404 square feet of gross area. The Property is situated upon a 10,506 sqft (0.24-acre) parcel and offers ample parking with sixteen (16) spaces available via a large lot to the side and rear of the Property. In-place rents are significantly below the current market rates; the opportunity exists to continue to drive rents to the top of the market in the competitive and desirable Cambridge multi-family market. The Property has been well maintained and features large units with generously sized common and kitchen areas, offering a highly desirable and functional layout. Additionally, the large well-situated lot lends itself for a higher density redevelopment given recent changes to Cambridge zoning.

178 Richdale Ave | MLS# 73468230

This multi-family property located at 178 Richdale Ave, Cambridge, MA 02140 is currently listed for sale with an asking price of $3,800,000. Search Cambridge real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Lot Size: 0.24 Acres
Roof Type: Shingle
Stories: 5.0
Taxes: $18,699
Year Built: 1920

Feature Descriptions

Building Area Total: 6279
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 99
Dwelling Type: 5-9 Family
Exterior: Frame
Open Parking Y/N: Yes
Parcel Number: M:00202 L:00017,421010
Parking Features: Paved Drive, Off Street
Parking Total: 16
Patio And Porch: Enclosed
Rooms Total: 39
Sewer: Public Sewer
Units: 6
Water: Public

Listed By / Shown By

Listed By

Agency Name: Horvath & Tremblay
Agency Phone: 781-776-4000
Agent Name: Tess Kohanski

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Estimated Payment

$ 11,123.74 per month $8,457.15 Principal & Interest $1,558.25 Property Tax $1,108.33 Homeowner's Insurance

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